1inch has integrated wallet screening to comply with regulatory requirements

26.01.2024
26.01.2024

According to TRM Labs, the 1inch platform has verified millions of wallets and is actively taking regulatory compliance measures.

In August 2022, 1inch integrated wallet screening to detect money laundering and sanctions violations.

In addition, through screening, the protocol was able to identify suppliers of child sexual abuse materials, scammers, burglars and thieves.

These user groups were prohibited from connecting to the platform.

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